Start-Up Costs and Fees |
||
| Mega Wraps | Maid-Rite | |
| Investment | 189000 - 189000 | 99375 - 141500 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1998 | 1926 |
| Year Franchised | 1999 | 1926 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Mega Wraps | Maid-Rite | |
| Experience | ||
Financing Options |
||
| Mega Wraps | Maid-Rite | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Mega Wraps | Maid-Rite | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Mega Wraps | Maid-Rite | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mega Wraps | |
| Maid-Rite | |
| Franchise Fee | |
| Mega Wraps | |
| Maid-Rite | |
| Royalty Fee | |
| Mega Wraps | 6% |
| Maid-Rite | 6% |
| Advertising Fee | |
| Mega Wraps | 2% |
| Maid-Rite | 2% |
| Year Founded | |
| Mega Wraps | 1998 |
| Maid-Rite | 1926 |
| Year Franchised | |
| Mega Wraps | 1999 |
| Maid-Rite | 1926 |
| Term Of Agreement | |
| Mega Wraps | 5 Years +5 |
| Maid-Rite | |
| Renewal Fee | |
| Mega Wraps | |
| Maid-Rite | |
Business Experience Requirements |
|
| Experience | |
| Mega Wraps | |
| Maid-Rite | |
Financing Options |
|
| Franchise Fees | |
| Mega Wraps | |
| Maid-Rite | |
| Start-up Costs | |
| Mega Wraps | |
| Maid-Rite | |
| Equipment | |
| Mega Wraps} | |
| Maid-Rite | |
| Inventory | |
| Mega Wraps | |
| Maid-Rite | |
| Receivables | |
| Mega Wraps | |
| Maid-Rite | |
| Payroll | |
| Mega Wraps | |
| Maid-Rite | |
Training & Support |
|
| Training | |
| Mega Wraps | |
| Maid-Rite | |
| Support | |
| Mega Wraps | |
| Maid-Rite | |
| Marketing | |
| Mega Wraps | |
| Maid-Rite | |
| Operations | |
| Mega Wraps | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
| Maid-Rite | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mega Wraps | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Maid-Rite | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Mega Wraps | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Maid-Rite | |
| International Expansion | |
| Mega Wraps | |
| Maid-Rite | |